Settings8H · net · $10k
Funding arb · Price arb /

LINK

all LINK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Nado against HTX−0.354%7-day average +0.058% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$105as in the Price arb table
costs, in and out, $10k−$640.636% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.001%$0 on $10k
Price spread, last 4 days (all we have)+0.285%+$28 · spread now −0.354%, 7d avg +0.058%
Together, before fees+0.284%+ Points / potential airdropNado: Active · farm board+$28 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Nado is 0.413% cheaper against HTX than usual: you would sell low and buy high, −$41 on $10k if it goes back to its 7-day average of +0.058%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX LINK-USDT12.9760.0100pay 0.0100% / 8h6h 55m$625K$689K75x
ShortNado LINK-PERP12.9300.0100get 0.0012% / 1h55m 31s$348K$311K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against HTX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.354% → +0.058%
−$41.25
Slippage, 4 orders
−$44.56
Fee HTX: 6 bp × 2 orders
−$12
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$104.82
Costs to cover
0.636%
Break-even
never at this rate
Slippage from HTX: live order book, 38 min ago; Nado: live order book, 37 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy HTX live order book, 38 min ago17.70 bp23.7 bp −$2424.4 bp −$244doesn't fitdoesn't fit
Sell Nado live order book, 37 min ago1.17 bp7.9 bp −$816.7 bp −$167doesn't fitdoesn't fit

LINK on 39 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_LINK_USDC−0.0137%8h12.976−0.004%$86K$929K20xas long as short
GMX LINK/USD [LINK-USDC]L −0.0087% / S +0.0165%1h12.985+0.066%$1.8M200xas long as short
Kalshi KXLINKPERP0.0000%8h13.012+0.272%$498K$2.2M3.7xas long as short
gTrade (Gains Network) LINK/USDL +0.0004% / S −0.0001%1h13.046+0.538%$107K150xas long as short
Injective LINK/USDC PERP+0.0033%1h12.400−4.443%$4K$48K12xas long as short
Kraken Futures PF_LINKUSD+0.0044%1h12.982+0.040%$6.4M$8.3M50xas long as short
Phoenix LINK+0.0087%1h13.016+0.303%$3K$84K10xas long as short
Lighter LINK+0.0096%1h12.942−0.267%$1.9M$2.3M10xas long as short
Paradex LINK-USD-PERP+0.0100%8h12.933−0.332%$31K$2K20xas long as short
Nado LINK-PERPshort+0.0100%1h12.930−0.354%$348K$311K10x
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid LINK+0.0100%1h12.935−0.320%$80.7M$27.6M10xas long as short
Aster LINKUSDT+0.0100%8h12.933−0.334%$1.3M$2.6M50xas long as short
Pacifica LINK+0.0100%1h12.939−0.292%$275K$167K10xas long as short
Binance LINKUSDT+0.0100%8h12.924−0.405%$119.7M$287.2M75xas long as short
Bybit LINKUSDT+0.0100%8h12.927−0.381%$83.7M$70.5M75xas long as short
OKX LINK-USDT-SWAP+0.0100%8h12.928−0.374%$27.0M$77.1M50xas long as short
Arcus LINK-USD+0.0100%1h12.947−0.227%$181K$86K10xas long as short
Gate LINK_USDT+0.0100%8h12.937−0.304%$133.7M$17.1M75xas long as short
MEXC LINK_USDT+0.0100%8h12.934−0.328%$35.5M$56.5M300xas long as short
KuCoin LINKUSDTM+0.0100%8h12.939−0.289%$22.9M$12.2M75xas long as short
Bitget LINKUSDT+0.0100%8h12.923−0.412%$54.1M$28.5M75xas long as short
BingX LINK-USDT+0.0100%8h12.932−0.343%$22.8Mas long as short
Backpack LINK_USDC_PERP+0.0100%1h12.974−0.019%$337K$370K15xas long as short
Variational Omni LINK+0.0100%8h12.976−0.004%$3.4M$1.8Mas long as short
edgeX LINKUSDC+0.0100%4h12.995+0.140%$43K$306K20xas long as short
GRVT LINK_USDT_Perp+0.0100%8h13.011+0.266%$584K$3.0M10xas long as short
ApeX Omni LINKUSDT+0.0100%1h13.000+0.181%$133K$668K50xas long as short
Polymarket Perps LINK-USD+0.0100%1h12.928−0.374%$82K$70K10xas long as short
SunX LINK-USDT+0.0100%8h12.995+0.144%$34K$1.3M30xas long as short
SoDEX LINK-USD+0.0100%1h12.978+0.012%$11K$61K10xas long as short
HTX LINK-USDTlong+0.0100%8h12.976long leg$625K$689K75x
Extended LINK-USD+0.0104%1h12.927−0.381%$621K$2.0M25xas long as short
Aevo LINK-PERP+0.0104%1h12.992+0.120%$545K$2K3xas long as short
Coinbase International LINK-PERP-INTX+0.0208%1h13.025+0.374%$941K$3.3M50xas long as short
BloFin LINK-USDT+0.0220%8h13.010+0.258%$5.3M$15.8M75xas long as short
Deribit LINK_USDC-PERPETUAL+0.0336%1h12.986+0.076%$878K$337K50xas long as short
Reya LINKRUSDPERP+0.0405%1h12.927−0.382%$4K20xas long as short
Phemex LINKUSDT+0.0440%8h12.995+0.143%$20.0M$11.0M50xas long as short
dYdX LINK-USD+0.1453%1h12.942−0.262%$348K$48K10xas long as short